Content

2.2

million barrels a day

Enbridge is Canada’s major transporter of crude oil. We move about 2.2 million barrels per day of crude oil through the world’s longest, most sophisticated crude oil pipeline system.

62%

of Canadian exports

Enbridge exports 70% of Western Canadian oil, representing 62% of all Canadian oil exports to the U.S.

No.1

Enbridge provides about 11% of daily imports to the United States–the largest single conduit of oil into the U.S. in any single day.

Pipe stockpiled near Edmonton awaits deployment to Enbridge’s Waupisoo Pipeline, which is scheduled to be in service by the middle of 2008.

Liquids Pipelines

Enbridge is changing the face of how crude oil is distributed in North America.

We currently have $12 billion in Liquids Pipelines expansion projects under construction or awaiting regulatory approval and expected to be in service between now and 2011.

Over the next four years–expanding and extending from our existing geographically well-positioned infrastructure–we will almost double the size of our Liquids Pipelines business, further diversifying the markets we serve and playing an even more significant role in energy delivery in North America.

We have an additional $15 billion of projects in development that we anticipate will be in service from 2011 onward and have the potential to further extend our customers’ reach to new markets in North America and other parts of the world.

‘HARD WIRED’ TO CANADA’S OIL SANDS

Enbridge is ‘hard wired’ to the oil sands. We are the preeminent pipeline provider for oil sands producers. Our Athabasca pipeline system is now connected to six different oil sands projects. We are poised for considerable growth. Our Waupisoo Pipeline, which is scheduled to be in service by mid-2008, will link oil sands producers to their upgraders and refineries in Edmonton; and in late 2007, we announced plans to construct and operate pipeline and terminaling facilities for the Fort Hills, Alberta, oil sands project.

Oil sands production is growing at an unprecedented rate. It is expected to grow from today’s 1 million barrels per day to more than 3.4 million barrels per day by 2016. Oil sands producers require more pipeline capacity to reach new markets.

Enbridge’s $12 billion expansion program is driven by these oil sands fundamentals and designed to help producers broaden access to markets for oil sands crude.

‘HARD WIRED’ TO U.S. REFINERIES

Crude oil refiners in the United States are looking to source more crude oil from Canada’s oil sands. Enbridge already has an extensive pipeline network in the U.S. This provides us the economies of scale to add capacity and extend our network. An important part of our $12 billion expansion program is providing secure capacity to link petroleum transportation hubs and refineries in the Midwest.

Growth Wave 1

$12 billion of commercially secured projects underway (2007 to 2011)

Project In-service date Status
Athabasca Laterals 2007 Completed
Waupisoo 2008 Under Construction
Southern Access Expansion*–Edmonton, AB to Pontiac, IL Stage 1–2006–2008
Stage 2–2009
Under Construction
Southern Access Extension–Chicago to Patoka, IL 2009 Awaiting Regulatory Approval
Spearhead Expansion–Chicago, IL to Cushing, OK 2009 Awaiting Regulatory Approval
Line 4 Extension–Edmonton to Hardisty, AB 2009 Awaiting Regulatory Approval
Contract Terminaling—Hardisty, Stonefell, AB 2008–2009 Various Stages
Alberta Clipper*–Edmonton, AB to Superior, WI 2010 Approved by NEB;
U.S. approvals pending
Southern Lights–Chicago, IL to Edmonton, AB 2010 Under Construction
Fort Hills–Oil Sands to Edmonton, AB 2011 In Progress

* Southern Access Expansion US and US portion of Alberta Clipper will be undertaken by Enbridge Energy Partners.


Wave 1 Growth Opportunities, Canada

Wave 1 Growth Opportunities, Canada

Wave 1 Growth Opportunities, Canada

Wave 1 Growth Opportunities, Canada